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Also known as: C/O THOMAS I HARA
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Uti Foundation Inc. is a private corporation based in MAPLE GROVE, MN. The foundation received its IRS ruling in 1998. The principal officer is Keith K Kim. It holds total assets of $1.8M. Annual income is reported at $1.8M. Total assets have grown from $867K in 2011 to $1.7M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in California. According to available records, Uti Foundation Inc. has made 25 grants totaling $286K, with a median grant of $6K. Annual giving has grown from $91K in 2020 to $195K in 2022. Individual grants have ranged from $2K to $36K, with an average award of $11K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in California and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$18K
Largest Grant
$36K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Uti Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in CA, FL.
Uti Foundation Inc. has distributed a total of $286K across 25 grants. The median grant size is $6K, with an average of $11K. Individual grants have ranged from $2K to $36K.
Uti Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Uti Foundation Inc. is headquartered in MAPLE GROVE, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keith K Kim | DIRECTOR | $0 | $0 | N/A |
| Helen L Kim | DIRECTOR | $0 | $0 | N/A |
| Thomas I Hara | DIRECTOR | $0 | $0 | N/A |
| David S Kim | DIRECTOR | $0 | $0 | N/A |
Total Giving
$83K
Total Assets
$1.7M
Fair Market Value
$2.2M
Net Worth
$1.7M
Grants Paid
$89K
Contributions
N/A
Net Investment Income
$34K
Distribution Amount
$200K
Total Grants
25
Total Giving
$286K
Average Grant
$11K
Median Grant
$6K
Unique Recipients
11
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scripps HealthGENERAL | La Jolla, CA | $30K | 2022 |
| La Jolla Music SocietyGENERAL | La Jolla, CA | $15K | 2022 |
| Redeemer Presbyterian ChurchGENERAL | Encinitas, CA | $15K | 2022 |
| Tri-City Bible ChurchGENERAL | Vista, CA | $10K | 2022 |
| Gyewoo OrganizationGENERAL | Los Angeles, CA | $6K | 2022 |
| Hope For San DiegoGENERAL | Encinitas, CA | $5K | 2022 |
| Step BeyondGENERAL | Escondido, CA | $5K | 2022 |
| Restore & RebuildGENERAL | Encinitas, CA | $5K | 2022 |
| New Presbyterian ChurchGENERAL | Fort Myers, FL | $5K | 2022 |
| Hanvit ChurchGENERAL | San Diego, CA | $2K | 2022 |
| Restore & Rebuild MinistriesGENERAL | Encinatas, CA | $5K | 2020 |